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Australian Billionaire Announces Plans to Build Titanic II |
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An Australian
billionaire running for Parliament says he is building a replica of the Titanic
at a Chinese shipyard. Clive Palmer, who built his fortune in real estate and
coal mining and apparently likes the media spotlight, said the new ship would
accommodate 1,680 passengers and start sailing in late 2016. Palmer built a fortune
on real estate on Australia's Gold Coast tourist strip before becoming a coal
mining magnate. BRW magazine reported he was Australia's fifth-richest person
last year with more than 5 billion Australian dollars ($5.2 billion). The original Titanic was about 46,000 gross tons and has capacity for 2,435 passengers and 892 crew members. The contract for Titanic II reportedly is with CSC Jinling Shipyard in China, but the yard’s website had no mention of the project. |
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